Surplus Amount of CPSEs for Expansion and Overseas Acquisitions.

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....urplus Amount of CPSEs for Expansion and Overseas Acquisitions. <br>News and Press Release<br>Dated:- 6-9-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 06-September-2....

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....012 17:34 IST Surplus Amount of CPSEs for Expansion and Overseas Acquisitions The Government has approved the implementation of a policy for acquisition of raw material assets aboard by CPSEs in Oct....

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....ober, 2011. The objective of the policy is to put in place a fast track and coordinated decision making process in order to facilitate acquisition of raw material abroad by CPSEs for the requirement o....

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....f manufacturing sector in the country As per Public Enterprise Survey 2010-11 placed in the Parliament on 22.03.2012 all Central Public Sector Enterprises (CPSEs) taken together have a total cash and....

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.... bank balance of Rs. 284153 Crores as on 31.03.2011. Decisions on investment/utilization of surplus funds in various projects, expansion, diversification, joint ventures, subsidiaries etc. are taken ....

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....by the Board of the CPSEs based on their corporate plans. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today. ....

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.... ***** DSM/RS/Hb<BR> News - Press release - PIB....